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Structural Change in the Australian Economy

Author

Listed:
  • Ellis Connolly

    (Reserve Bank of Australia)

  • Christine Lewis

    (Reserve Bank of Australia)

Abstract

Over time, the structure of the Australian economy has gradually shifted away from agriculture and manufacturing towards services, with the mining industry growing in importance recently. Economic activity has also shifted towards the resource-rich states of Queensland and Western Australia. Changes in the structure of the economy have been driven by a range of factors including rising demand for services, the industrialisation of east Asia, economic reform and technical change. In recent years, the rate of structural change appears to have increased, driven by the rise in resource export prices and mining investment.

Suggested Citation

  • Ellis Connolly & Christine Lewis, 2010. "Structural Change in the Australian Economy," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 1-9, September.
    • Handle: RePEc:rba:rbabul:sep2010-01
    as

    Download full text from publisher

    File URL: https://www.rba.gov.au/publications/bulletin/2010/sep/pdf/bu-0910-1.pdf
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    1. repec:dgr:rugggd:gd-98 is not listed on IDEAS
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    Citations

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    Cited by:

    1. Ellis Connolly & David Orsmond, 2011. "The Mining Industry: From Bust to Boom," RBA Research Discussion Papers rdp2011-08, Reserve Bank of Australia.
    2. Tim Robinson & Tim Atkin & Mark Caputo & Hao Wang, 2017. "Macroeconomic Consequences of Terms of Trade Episodes, Past and Present," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 57(3), pages 291-315, November.
    3. Alexandra Bec & Char-lee J. Moyle & Brent D. Moyle, 2019. "Community Resilience to Change: Development of an Index," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 142(3), pages 1103-1128, April.
    4. Li, Tiebei & Denham, Todd & Dodson, Jago & Vij, Akshay, 2022. "The economic dynamics and population change of Australia’s regional cities," SocArXiv h8ypx, Center for Open Science.
    5. Yogi Vidyattama & Leonie J. Pearson & Robert Tanton & Itismita Mohanty, 2017. "Assessing adaptive capacity during the drought period in the Murray–Darling Basin," Asia-Pacific Journal of Regional Science, Springer, vol. 1(1), pages 155-170, April.
    6. Burke, Paul J. & Best, Rohan & Jotzo, Frank, 2019. "Closures of coal-fired power stations in Australia: local unemployment effects," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 63(1), January.
    7. Philip Chindamo & Vance L. Martin, 2022. "The Dynamics of Structural Transformation in Australia, 1960–2020," The Economic Record, The Economic Society of Australia, vol. 98(322), pages 296-315, September.
    8. Bruce Cunningham & Leon Colombo & Ulises Garcia, 2015. "Exploratory research into government regulation's impact on business-level employment growth," Australian Journal of Labour Economics (AJLE), Bankwest Curtin Economics Centre (BCEC), Curtin Business School, vol. 18(3), pages 375-390.
    9. Char-lee Moyle & Fabrizio Carmignani & Brent Moyle & Sajid Anwar, 2021. "Beyond Dutch Disease: Are there mediators of the mining–tourism nexus?," Tourism Economics, , vol. 27(4), pages 744-761, June.

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